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Child Care

KinderCare

8425 E Old Spanish Trail, Tucson, AZ 85710

Listing Price: $1,321,000

Cap Rate
7.25%
Tenant Name
KinderCare
Years Remaining On Lease
2.7
Gross SF
3,892
Guarantor
No Guarantee
Rentable SF
3,892
Price/Gross SF
$339.41
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.61

Investment Overview

Marcus & Millichap and Cushman & Wakefield Picor are pleased to offer for sale a freestanding, single-tenant daycare facility in Tucson, AZ (the “Property” or “Asset”) occupied by KinderCare Learning Centers (“Tenant” or “KinderCare”). KinderCare is a nationally recognized leader in childcare and early childhood education, offering programs for children from six weeks to six years old. KinderCare is America’s largest provider of early education and child care by capacity. KinderCare employs 40,000 teachers and staff and operates more than 2,300 early learning centers and programs.

This location has been occupied by the Tenant for over two decades under a long-term lease with a triple-net (NNN) structure. The Property is strategically positioned adjacent to E Broadway Blvd, a major east-west arterial, and is located next to a popular shopping center anchored by a Walmart Neighborhood Market. The surrounding area boasts a dense trade area, with over 88,000 households within a five-mile radius and projected population growth exceeding 0.7% annually over the next five years.

This offering presents a rare opportunity to acquire a stabilized childcare asset with a long-standing tenant in place since 1999, along with the security of strong underlying real estate value.

Investment Highlights

  • The Asset benefits from a strong location with a large population base and easy access off of E. Broadway Blvd.
  • This location is one of four locations within the MSA, additionally there are nine locations in the Phoenix MSA, signifying the Tenant's knowledge and dominance in the marketplace
  • Strategic suburban location, with household spending of over $1,600 annually towards Education and Daycare

Exclusively Listed By

Listing Price: $1,321,000

Cap Rate
7.25%
Tenant Name
KinderCare
Years Remaining On Lease
2.7
Gross SF
3,892
Guarantor
No Guarantee
Rentable SF
3,892
Price/Gross SF
$339.41
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.61

Investment Highlights

  • The Asset benefits from a strong location with a large population base and easy access off of E. Broadway Blvd.
  • This location is one of four locations within the MSA, additionally there are nine locations in the Phoenix MSA, signifying the Tenant's knowledge and dominance in the marketplace
  • Strategic suburban location, with household spending of over $1,600 annually towards Education and Daycare

Investment Overview

Marcus & Millichap and Cushman & Wakefield Picor are pleased to offer for sale a freestanding, single-tenant daycare facility in Tucson, AZ (the “Property” or “Asset”) occupied by KinderCare Learning Centers (“Tenant” or “KinderCare”). KinderCare is a nationally recognized leader in childcare and early childhood education, offering programs for children from six weeks to six years old. KinderCare is America’s largest provider of early education and child care by capacity. KinderCare employs 40,000 teachers and staff and operates more than 2,300 early learning centers and programs. This location has been occupied by the Tenant for over two decades under a long-term lease with a triple-net (NNN) structure. The Property is strategically positioned adjacent to E Broadway Blvd, a major east-west arterial, and is located next to a popular shopping center anchored by a Walmart Neighborhood Market. The surrounding area boasts a dense trade area, with over 88,000 households within a five-mile radius and projected population growth exceeding 0.7% annually over the next five years. This offering presents a rare opportunity to acquire a stabilized childcare asset with a long-standing tenant in place since 1999, along with the security of strong underlying real estate value.

Exclusively Listed By

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